The government has spent MVR 4.1 billion on Public Sector Investment Programmes (PSIP) so far this year, according to the Ministry of Finance’s Weekly Fiscal Development Report.
The 2025 state budget allocated MVR 12.4 billion for PSIP. Of the spending to date, the largest share – MVR 2.6 billion – went towards projects addressing forecast shortages. Housing projects accounted for MVR 131.6 million.
As of September 9, the state spent MVR 3.3 billion on capital expenditure. This includes MVR 2.9 billion on infrastructure assets such as roads, bridges, and airport development.
Overall, the state has spent MVR 25.4 billion this year, a 15.5 percent decrease compared to the same period in 2024. The budget currently reflects an overall surplus of MVR 868.7 million.
The 2025 state budget allocated MVR 12.4 billion for PSIP. Of the spending to date, the largest share – MVR 2.6 billion – went towards projects addressing forecast shortages. Housing projects accounted for MVR 131.6 million.
As of September 9, the state spent MVR 3.3 billion on capital expenditure. This includes MVR 2.9 billion on infrastructure assets such as roads, bridges, and airport development.
Overall, the state has spent MVR 25.4 billion this year, a 15.5 percent decrease compared to the same period in 2024. The budget currently reflects an overall surplus of MVR 868.7 million.
